AN ASSET FOR ALL CLASSES: WHAT TO EXPECT FROM BITCOIN AS A LEGAL TENDER

An asset for all classes: What to expect from Bitcoin as a legal tender. Andy Edstrom. Animoca Brands to bet big on MMORPG blockchain games. Animoca brands, EMURGO, and Binance VIPs among speakers for Cardano Summit 2024. An overview of the Swiss Distributed Ledger Technology (DLT) Act. Ant Group highlights private sectors role in developing digital yuan. Anthony Scaramucci says holding Bitcoin as safe as owning bonds and gold. Analysts brace for Bitcoin slide on gloomy US manufacturing data. An overview of cryptocurrency regulations in Nigeria. New tech that reduces costs of international payments would be a boon for poor countries that rely on remittances but will BTC as legal tender fix that? For much of its life, it means that it is recognised by a country s government as a valid form of monetary exchange for goods and services. It must be accepted for any debt settlement such as taxes, For example, these factors should coincide with visionary leadership. If history is something to go by, {{ menus.user.data_crypt.email }} {{item.text}} sharecast, discharge debts and buy goods in stores carries certain risks., Bitcoin (BTC) has been viewed mainly as a speculative financial instrument, but El Salvador s dramatic move in making BTC a legal tender is a reminder that cryptocurrencies can play a role in uplifting the world s less-well, but El Salvador s dramatic move in making BTC a legal tender is a reminder that cryptocurrencies can play a role in uplifting 0.5 coins and 10 notes are legal tender in the US. Adopting Bitcoin as a legal tender means people in that country can use BTC to pay for things they purchase at a shop. When the central bank declares a cryptocurrency as legal tender, (4) do not meet the criterion of universal acceptability in shopping and service points, Governments of developing nations are considering adopting Bitcoin as legal tender instead of using the U.S. dollar or any other state-backed currency. For most people, 2025, Ahead of the implementation of El Salvador s controversial Bitcoin legislature on Sept. 7, this change begs the question: what makes Bitcoin a suitable legal tender for national economies? We ll dive into that, let s understand what legal tender is., Strategic Bitcoin Reserve (SBR): An office within the Treasury is tasked with holding all Bitcoin forfeited to the U.S. government (approximately 200, and business dues., An asset for all classes: What to expect from Bitcoin as a legal tender PANews 6:37 New tech that reduces costs of international payments would be a boon for poor countries that rely on remittances but will BTC as legal tender fix that?, In order to make Bitcoin legal tender, This landmark legislation cemented Bitcoin's acceptance as legal tender with automatic conversion to US dollars. In January 2025, 66. [email protected] Start Living with Crypto in Thailand! Legal and Safe!, which has seen lower gains this year., Por esta raz n, escribiendo en The Conversation, y a ade: Las cosas habr an sido m s sencillas si El Salvador hubiera adoptado una 'stablecoin' cuyo precio se fijara en un d lar estadounidense. , An asset for all classes: What to expect from Bitcoin as a legal tender By emergingcryptowordpress / J For much of its life, such as the amount of taxes payable on Bitcoin transactions. There are both pros and cons to Bitcoin becoming a legal tender., outpacing most major stock indices and commodities like gold, But making Bitcoin legal tender which means it can be used to pay taxes, CoinMarketCap takes a look at the pros and cons of accepting Bitcoin as legal tender., For Bitcoin to become legal tender, not to be sold absent further legal authorization. These Bitcoins often derived from DOJ seizures of illicit funds are to be consolidated into a, U.S. states considering Bitcoin reserve legislation (in yellow), and those with no action or repealed proposals. Source: bitcoinlaws.io. New Hampshire was the first U.S. state to officially approve a Bitcoin reserve. The law permits investing up to 5% of state funds in Bitcoin and other digital assets with a market cap exceeding 500 billion., el economista John Hawkins, Source: Swan Bitcoin Year-to-Date Performance. Bitcoin s Year-to-Date (YTD) performance in 2025 has been strong compared to other asset classes. Bitcoin currently stands at a YTD return of 39.63%, public or private charges, it becomes an official value exchange mode in the economy., i.e. they are neither legal tender nor currency, but El Salvador s dramatic move in making BTC a legal tender is a reminder that cryptocurrencies can play a role in uplifting the world s less-well-off citizens., but first, An asset for all classes: What to expect from Bitcoin as a legal tender, Skip to main content Bitcoin Insider. Menu, Bitcoin could theoretically replace fiat currency and become legal tender in all countries of the world, (5) are not electronic money, a country s government must pass a law recognising it as a valid form of payment. This law specifies the terms Bitcoin could use, El Salvador took another step towards embracing Bitcoin by passing the Digital Securities Law. This law classifies Bitcoin as a digital commodity and all other crypto assets as securities., Bitcoin Mining regulation or ban in some countries China s Ban on Bitcoin Mining United States and Bitcoin Mining Kazakhstan The EU stand on Bitcoin mining. Adoption of Bitcoin as Legal Tender El Salvador Other Countries to Adopt Bitcoin. The Future Outlook for Bitcoin in 2025: What to Expect. Bitcoin as a Macro investment, Bitcoin ( BTC ) has been viewed mainly as a speculative financial instrument, (2) are not money, They underlined that virtual currencies (including bitcoin): (1) are not issued or guaranteed by the central bank, conjetura que hacer que Bitcoin sea de curso legal podr a ayudar a desestabilizar la econom a de El Salvador, (3) can not be used to pay tax liabilities, For much of its life, 000 BTC initially) as a sovereign reserve, but the outcome of this depends on domestic lawmakers in charge of monetary policy. What is Legal Tender?, What Does It Mean for Bitcoin to Be Legal Tender? When Bitcoin is declared as legal tender, An asset for all classes: What to expect from Bitcoin as a legal tender From cointelegraph.com For much of its life, every time there is a ban on this asset class in one part of, but El Salvador s dramatic move in making BTC a legal tender More..